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作者：Zhang, Ziying; Liu, Lin; Yang, Yi
作者单位：Zhejiang University; Beihang University
摘要：This paper explores how a strategic B&M retailer monetizes its showrooming service and how this affects a brand's incentive to use the service, consumer surplus, and social welfare. We build a stylized model in which the retailer decides the showrooming fee, and the brand decides whether to pay the fee to showcase its product in the retailer's offline channel in addition to its own online channel and separately sets the optimal prices for both channels. Consumers who face the uncertainty of th...
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作者：DeRoos, Luke; Lavieri, Mariel; Stein, Joshua
作者单位：University of Michigan System; University of Michigan; University of Michigan System; University of Michigan
摘要：For patients diagnosed with a chronic condition, appropriately timing treatment is critically important. Many conditions, such as age-related macular degeneration (AMD), have a maximum safe treatment interval (MSTI) in which treatment is required to prevent disease progression. We introduce a Markov decision process (MDP) with an ordinal action space as a way to quickly and safely identify the MSTI for an individual patient. The MDP's ordinal action space allows users to update the expected ou...
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作者：Jia, Xue; Suijs, Jeroen
作者单位：University of Melbourne; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要：This paper investigates the interaction between cheap-talk advertising and credible third-party product reviews to inform customers about product quality. We find that cheap-talk advertising can be informative when the firm's private information helps predict a credible product review. A more informative credible product review has two effects on cheap-talk advertising. First, a credible product review plays a disciplinary role that enables the firm to provide informative advertising. Second, ...
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作者：Zhao, Jia; Wang, Shuming
作者单位：Chinese Academy of Sciences; University of Chinese Academy of Sciences, CAS
摘要：In this article, we study a shelf-stock allocation problem in a data-driven setting where the demand distribution is unknown. The retailer needs to decide which commodities to place on each level of the shelf (location decision), and determine the stock level for each selected commodity at the shelf (stock decision) that can be adjusted based on updated demand prediction, under constraints on allocation and capacity, so as to maximize total expected profit. Key issues of the problem include de...
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作者：Katok, Elena; Tan, Lijia
作者单位：University of Texas System; University of Texas Dallas; Eindhoven University of Technology
摘要：We study the ability to renegotiate in a supply chain setting with the possibility of supply disruption. Disruptions are a real threat to supply chains, especially as the supply chains become longer and more complex. When buyers and sellers write a purchase contract, specifying every possible contingency related to disruptions may not be realistic. However, the ability to renegotiate once a disruption occurs can help buyers and suppliers find efficient solutions. We conducted a controlled labo...
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作者：Luan, Shujie; Wang, Ruxian; Xu, Xiaolin; Xue, Weili
作者单位：Southeast University - China; Johns Hopkins University; Nanjing University
摘要：In this article, we incorporate the effects of multi-unit purchases into consumer choice models and investigate the associated joint assortment and price optimization problems. Under the proposed two-stage choice framework, consumers first form a consideration set, and then select a product with the optimal quantity from the consideration set to maximize their utility. For the joint assortment and pricing problem with homogeneous consumers, we find that a multi-purchase-willingness-ordered ass...
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作者：Hu, Kejia; Kong, Lu; Jia, Zhenzhen
作者单位：University of Oxford; State University System of Florida; University of South Florida; Xi'an Jiaotong University
摘要：Supplier selection is critical in the sourcing process: retailers evaluate candidate suppliers across multiple attributes, including price, quality, speed, and service, to locate an ideal supply chain partner. While related theoretical research requires prior knowledge of retailers' preferences across attributes, little empirical evidence about the criteria has been drawn from actual sourcing decisions. Capitalizing on an innovative online marketplace where manufacturers sell production capaci...
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作者：Xu, Jin; Duan, Lingjie; Shou, Biying; Huang, Jianwei
作者单位：Huazhong University of Science & Technology; Singapore University of Technology & Design; The Chinese University of Hong Kong, Shenzhen; City University of Hong Kong; The Chinese University of Hong Kong, Shenzhen
摘要：We examine a scenario in which a service provider updates its queue length information to customers at a specific frequency. Customers decide whether to join the queue based on the most recent update. Our objective is to determine the optimal updating frequency that benefits both the service provider and customers. Using a two-dimensional continuous-time Markov process, we model the actual and announced queue length processes. By proving the identical distributions of these two processes under...
